Tencent beats estimates with 47% profit jump, driven by video gaming
Tencent Holdings, operator of China's biggest social media app and the world's largest video gaming business by revenue, beat analyst estimates with a 47 per cent profit jump in the third quarter, helped by renewed growth in the video gaming segment.
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Chenqi Technology and Tencent Forge New Service AgreementsChenqi Technology Ltd. (HK:9680) has released an update. Chenqi Technology Ltd. has entered into a Technology Services ...
There's a least one demographic in China that's opening up their wallets: gamers. That cohort helped power a one-third rise ...
Tencent owns major stakes in global companies, like Riot Games, and has a diverse tech portfolio. Its Weixin/WeChat app serves 1.4 billion users, blending social media with financial services.
Revenue from its marketing services unit, formerly known as online advertising, grew 17% to 30 billion yuan. Like many ...
China's leading digital music group Tencent Music enjoyed a quarter in which streaming growth outweighed a depressed social ...
Chinese gaming giant Tencent Holding Ltd (OTC:TCEHY) reported fiscal third-quarter 2024 results Wednesday. Revenue grew 8% ...
Tencent's Hong Kong-listed stock has climbed 40% this year after rising 19% in the third quarter. China's aggressive policy push in late September pushed up share prices across the market. Tencent has ...
China’s Tencent increased net profits by 47% in the quarter to September, driven by both its domestic and international games ...
The music streaming operator is working to differentiate its services amid a long-running slump in monthly active users.
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